Category: Current Affairs

India’s Paytm to curtail low-value personal loans after cenbank clampdown

India’s Paytm to curtail low-value personal loans after cenbank clampdown

A smartphone with the Paytm logo is placed on a laptop in this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights BENGALURU, Dec 6 (Reuters) – India’s Paytm (PAYT.NS) will issue fewer sub-50,000-rupee (about $600) personal loans, the digital payments firm said on Wednesday, weeks after the central bank tightened rules […]

India swap market signals cenbank will differ from Fed’s rate-cut path

India swap market signals cenbank will differ from Fed’s rate-cut path

MUMBAI, Dec 6 (Reuters) – India’s overnight index swap market is signalling that the country’s central bank will not rush to cut interest rates even if the U.S. Federal Reserve starts bringing down rates early next year. The odds of the Fed’s first rate cut coming in March have risen to 63%, while the Reserve […]

India’s Ola Electric slashes sales targets ahead of planned IPO -document, sources

India’s Ola Electric slashes sales targets ahead of planned IPO -document, sources

Ola electric scooters are seen outside the Ola Electric Service Centre, in Thane on the outskirts of Mumbai, India, October 25, 2023. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing Rights Ola sees 2023-24 sales 66% lower than previous estimate-document Ola aims now to turn profitable a year later in 2024-25-document Targets “toned down” after govt incentive cuts-sources […]

Indian Man Dies In Australia Car Crash; Wife Appeals For Remains To Be Sent Back

Indian Man Dies In Australia Car Crash; Wife Appeals For Remains To Be Sent Back

Khusdeep Singh ‘s wife has initiated a fundraising campaign on GoFundMe. Melbourne: A 26-year-old Indian man has died after his car crashed and rolled several times here in Australia and his wife has appealed for help to send his remains back to his parents in India, according to a media report. Khusdeep Singh was driving […]

Indian govt seeks parliament nod for extra spending for FY24

Indian govt seeks parliament nod for extra spending for FY24

India’s Prime Minister Narendra Modi arrives on the first day of the five-day long special session in New Delhi, India, September 18, 2023. REUTERS/Adnan Abidi/File photo Acquire Licensing Rights NEW DELHI, Dec 6 (Reuters) – The Indian government on Wednesday sought parliament’s approval for additional spending of 1.29 trillion rupees ($15.48 billion) in the current […]

Indian-American National Security Expert Running For US Congress

Indian-American National Security Expert Running For US Congress

Krystle Kaul was born and raised in Long Island, New York. Washington: Krystle Kaul, an Indian-origin foreign policy and national security expert with roots in Kashmir, has announced that she will run for the US House of Representatives from a Congressional district in Virginia with a focus on core issues like public safety, education and […]

India to probe Apollo Hospital Delhi’s alleged links to ‘cash for kidneys’ scandal

India to probe Apollo Hospital Delhi’s alleged links to ‘cash for kidneys’ scandal

Patients and their attendants are seen inside Apollo hospital in New Delhi, India, September 8, 2015. Picture taken September 8, 2015. REUTERS/Adnan Abidi/File photo Acquire Licensing Rights NEW DELHI/HYDERABAD, Dec 6 (Reuters) – India’s health ministry has ordered a probe into Apollo Hospital Delhi, part of largest private hospital chain Apollo Hospitals (APLH.NS), after media […]